Indonesia morning news for November 21

Indonesia morning news for November 21

Indonesia morning newsIndonesia`s economy posts solid growth: BI
Executive Director of the BI Communication Department Agusman said that Indonesia`s national economy posted solid growth in the third quarter of 2018, namely 5.17 percent (yoy), on the back of domestic demand.
— Antara News

ADB Provides Loan of $500 Mln for Natural Disaster Recovery in Indonesia
The Asian Development Bank (ADB) has approved a United States (US) $500 million emergency assistance loan to help the Indonesian Government rebuild Lombok and Central Sulawesi after the natural disasters that claimed thousands of lives and destroyed infrastructure, property and livelihoods.
— Netral News

Indosat Targets 4G Networks Across Indonesia by End of 2018
Indosat Ooredoo targets to provide 4G networks in all of their operational areas in Indonesia by the end of this year.
— Netral News

Indonesia looking into taxing foreign e-commerce firms
Country exploring ways to level playing field, as local online firms pay taxes but not foreign players
— The Straits Times

Batam administration rejects plan to import plastic waste
Batam City Administration has rejected an investor plan to import plastic waste, which would be processed into plastic ore, over fear that it would pollute the environment.
— Antara News

Indonesia free trade agreement delay costing farmers millions monthly
AUSSIE grain, spud and carrot farmers are missing out on an extra $14 million every month the signing of the Indonesian free trade agreement is delayed.
— The Weekly Times

Court confiscates Cendana family building as part of Rp 4.4t fine
The South Jakarta District Court has seized the Granadi Building, owned by the family of former president Soeharto, also known as the Cendana family, in relation to a misuse of funds under the now-defunct Supersemar Foundation.
— The Jakarta Post

Dead sperm whale found in Indonesia had ingested ‘6kg of plastic’
A dead sperm whale that washed ashore in a national park in Indonesia had nearly 6kg (13 lbs) of plastic waste in its stomach, park officials say.
— BBC News

Boeing cancels airline call on 737 MAX systems: sources
Boeing Co (BA.N) has canceled a conference call it had scheduled for Tuesday morning with airlines to discuss systems on the 737 MAX model that crashed in Indonesia last month, two sources familiar with the matter said.
— Reuters

Indonesia Seeks To Toughen Rules on Contracting Foreign Pilots
Indonesia’s Ministry of Transport (MOT) plans to be more stringent about allowing the country’s airlines to hire foreign pilots in the wake of the recent Lion Air Boeing 737 Max 8 crash.
— AIN Online

Gunung Kidul intensifies arrangement of tourist areas
In the face of competition in the tourism sector, the government of Gunung Kidul District in the Yogyakarta Special Region will continue to intensify the arrangement of tourist areas.
— Antara News

‘Do good, be useful’: Indonesia’s disaster hero spends dying days helping others
THE role of information chief of Indonesia’s National Disaster Management Agency is undoubtedly a stressful and busy job for any person to take on.
— Asian Correspondent

US and Indonesia agree on cyber security pact
Indonesian National Police and the US Attorney-General’s Office have agreed to strengthen bilateral cooperation against transnational cyber and financial crime.
— The Straits Times

Indonesia to develop Shariah-compliant blockchain gold exchange
IT seems as though efforts to bring blockchain to the financial services industry across the Asia Pacific is slowly picking up momentum.
— Asian Correspondent

YLKI criticizes withdrawal of cigarette industry from negative investment list
The Indonesian Consumers Foundation (YLKI) has criticized the government for withdrawing the cigarette industry from the negative investment list (DNI), which was part of the economic stimulus package announced by the government on Monday.
— The Jakarta Post

Indonesian police win third place in world police service gun shooting championship
The Republic of Indonesia Police won the third place in the “World Police Service Shooting Gun Championship 2018” in Guangdong Province, China, 12-20 November 2018.
— Antara News

Exclusive: Indonesian fintech startup Payfazz raises over $21m from Tiger Global, others
Payfazz, the first startup from Indonesia to make it to Y Combinator, has raised over $21 million in its latest funding round from investors including Tiger Global Management and Yuri Milner’s DST Global, according to three executives aware of the development.
—  Deal Street Asia (paywall)

Jakarta Set to Host 2018 World Music Festival on December
The 2018 World Music Festival (WMF) 2018 music event will be held in Jakarta, on 8.9, and 11 December 2018. The event, which will be one of the best music festivals of the year, will be held through a collaboration of MD Media, promotor company Original Production, and Blanja.com.
— Netral News

Indonesia: Supreme Court Increases Activist’s Sentence to 4 Years
Indonesia’s Supreme Court upheld the conviction and increased the prison term for an environmentalist found guilty of spreading communism during an anti-mining protest last year, his defense attorney said Tuesday.
— Benar News

Boeing insists will share info with clients after Indonesia crash
Boeing on Tuesday (Nov 20) insisted it would share any information to emerge from an investigation into the crash of one of its newest planes in Indonesia last month, amid reports a telephone conference with its customers had been cancelled.
— Channel NewsAsia

Indonesian halal cosmetics attract Bangladesh
Halal cosmetic products from Indonesia are in high demand among women in Bangladesh, Indonesian Ambassador to Bangladesh Rina P.
— Antara News

Indonesia set to free Bali Nine drug smuggler Renae Lawrence
Indonesia is expected to release the only female member of the “Bali Nine” heroin-trafficking gang from prison on Wednesday (Nov 21) after serving 13 years in a case that caused a diplomatic furore.
— The Straits Times

Indonesia Agriculture Ministry Accelerates Investments in Agriculture Sector
Indonesia President Joko ‘Jokowi’ Widodo has emphasized two key factors that must be addressed to strengthen Indonesia’s economy, namely to improve export performance and open the widest investment climate in the country. Both efforts are believed to be able to support strong economic fundamentals.
— Netral News

Indonesia’s Indo-Pacific vision is a call for Asean to stick together instead of picking sides
Asean is having ongoing discussions on its vision for the Indo-Pacific, as the world’s two largest economies offer opposing ideas for their engagement in the region.
— South China Morning Post

REI Mandiri Property Expo 2018 Opens in Jakarta
The REI Mandiri Property Expo 2018 exhibition which took place in the Hall A Jakarta Convention Center, Jakarta, not only presents housing projects in the Greater Jakarta area, but also in various other regions in Indonesia.
— Netral News

Aceh has abundant natural resources: Uno
Vice presidential candidate Sandiaga Salahuddin Uno stated that the Indonesian westernmost province of Aceh has abundant natural resources that could be maximally processed to meet the people`s needs.
— Antara News

Increase in investment boosts several industries: Minister
An increase in investment boosted industrial growth wherein during the 2014-2017 period, the number of industries rose by 5,898 units, from 25,094 to 30,992, Industry Minister Airlangga Hartarto said.
— Antara News

Wonderful Indonesia logo displayed on public buses in Australia
The `Wonderful Indonesia` branding logo is being displayed on double decker buses in Sydney, Australia, specifically those operating in the route to and from the City-Mona Vale.
— Antara News

Flooding forces elephants to enter residential area in Riau
Floods have forced a herd of 11 wild elephants to flee their natural habitat and enter plantation areas located near a residential compound in Tapung district, Kampar regency, Riau province.
— The Straits Times

Negative investment list should be aligned with business conditions: ministry
The Negative Investment List (DNI) should be adjusted to the present conditions and developments in an effort to activate investments at home, according to Industry Minister Airlangga Hartarto.
— Antara News

Darmin denies UMKM open for foreign investment
Coordinating Minister for Economy Darmin Nasution denies allegation that the government is allowing foreign investment to operate in areas appropriated for micro, small and medium scale enterprises (UMKM) and.
— Antara News

Persib Manager Denies Players Receive Bribes
Persib Bandung Manager Umuh Muchtar denied that his players received bribes so they could play down during the match against PSMS Medan some time ago.
— Netral News

 

Feature photo Aliansi Laki-laki Baru (ALB)

This week’s Indonesia morning news feature photo acknowledges International Day for the Elimination of Violence against Women November 25

 

Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Indonesia morning news by AEC News Today is your one stop source for Indonesia news on matters of governance and policies affecting Asean business communities and is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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